Matador Resources Company announced production results for the month of December 31, 2012. For the period, the company reported average production rate during the month of December 2012 was approximately 5,800 barrels of oil per day and 34.6 million cubic feet of gas per day, or approximately 11,500 BOE per day. The average oil rate for December of 5,800 barrels per day was about 10% higher than the midpoint of the company's 2012 exit rate guidance of 5,000 to 5,500 barrels per day.

The December 2012 average daily oil rate is up about 75% from Matador's third quarter 2012 average daily oil production of approximately 3,300 barrels and up almost 13-fold compared to its fourth quarter 2011 average daily oil production of approximately 450 barrels.